The Single European Act That Came into Effect in 1992

question 38

True/False

The Single European Act that came into effect in 1992 removed restrictions on people working in other member countries but retained restrictions on the flows of financial investments across the member countries.

---

Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and possibly rights to dividends and voting in company affairs.

Quorum

The minimum number of members of a deliberative body necessary to conduct the business of that group.

Special Shareholder Meeting

A meeting outside the scheduled annual shareholder meetings, often called to discuss and vote on urgent issues.

High-Mach

Refers to individuals with a high Machiavellianism trait, characterized by manipulativeness, a cynical worldview, and a focus on personal gain over ethics.